Brussels [Belgium], May 14 (ANI/WAM): In 2022, the EU imported Euro 482 billion value of high-tech merchandise from extra-EU international locations (22 per cent in contrast with 2021), based on an estimate printed by Eurostat, the statistical workplace of the European Union. Exports to those international locations reached Euro 446 billion (16 per cent in contrast with 2021).
In 2022, over half of the EU’s high-tech imports from non-EU international locations got here from China (38 per cent; Euro 183 billion) and the United States (19 per cent; Euro91 billion), with different prime companions being Switzerland (six per cent; Euro 30 billion), Taiwan (5 per cent; Euro 23 billion) and the United Kingdom and Vietnam (every 4 per cent; EUR20 and EUR18 billion, respectively).
The most vital class of high-tech merchandise imported from non-EU international locations was electronics-telecommunications (Euro 202 billion).
For three of the highest six high-tech import companions, the most important imported class was electronics-telecommunications: Vietnam (74 per cent of high-tech imports from Vietnam; Euro 13 billion), Taiwan (69 per cent; Euro 16 billion) and China (55 per cent; Euro 101 billion).
For Switzerland, the most important class was pharmacy (68 per cent of high-tech imports from Switzerland; Euro 20 billion). For the United States (35 per cent; Euro 32 billion) and the United Kingdom (28 per cent; Euro 6 billion), it was aerospace.
For high-tech exports to non-EU international locations, the United States was the highest buying and selling associate in 2022 (26 per cent; Euro 118 billion), with China second (12 per cent; Euro 53 billion). These international locations had been adopted by the United Kingdom (9%; EUR42 billion), Switzerland (six per cent; Euro 28 billion), Japan (4 per cent; Euro19 billion) and Turkiye (three per cent; Euro 12 billion).
The most vital class of high-tech merchandise exported to non-EU international locations was pharmacy (Euro 145 billion).
Pharmacy was the most important exported class for 3 of the highest six high-tech export companions: Japan (56 per cent of high-tech exports to Japan; Euro 11 billion), Switzerland (50 per cent; Euro 14 billion) and the United States (49 per cent; Euro 57 billion).
The largest class for China (38 per cent of high-tech exports to China; Euro 20 billion) and the United Kingdom (24 per cent; Euro 10 billion) was electronics-telecommunication. For Turkiye, it was aerospace (38 per cent; Euro 5 billion). (ANI/WAM)